Apr 2006 - SRI International

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8 SRI Alumni Association Newsletter • April 2006 ALUMNI NEWS (Concluded) SRI INTERNATIONAL ALUMNI ASSOCIATION CASH FLOW/INCOME AND EXPENDITURES YEAR TO DATE as of DECEMBER 31, 2005 Submitted by Treasurer: Peter Valenti YR TO DATE 12/31/05 CASH BALANCE 12/31/04 $13,588.64 INCOME CASH INCOME FROM MEMBERSHIPS AND FEES $6,358.00 DIVIDENDS (INTEREST) ON BANK ACCOUNTS $85.81 SRI Federal Credit Union Contribution $2,058.75 SRI International Contribution $2,972.82 TOTAL INCOME $11,475.38 $11,475.38 EXPENSE SERVICES PROVIDED BY SRI REPORT PRODUCTION SERVICES $6,937.68 POSTAGE & MAILING EXPENSE $2,058.75 REUNION COSTS: CATERING $2,972.82 REFUNDS $27.00 $11,996.25 OTHER EXPENDITURES & EXPENSES PICNIC OUTING – BOX LUNCHES $437.32 MISC. SUPPLIES $323.35 DONATIONS - $760.67 TOTAL EXPENDITURES & EXPENSE $(12,756.92) CASH BALANCE 12/31/05 $12,307.10 The Hall of Fame Committee is busy evaluating nominations for new members of the SRI Alumni Hall of Fame—alumni who have made a lasting contribution to the SRI legacy. The Committee relies on the members to nominate those whom they know well, and whom they feel are deserving of this honor. Nominations from locations outside Menlo Park are especially solicited. New members are inducted into the SRI Alumni Hall of Fame each year as part of the Alumni Fall Reunion. Please send your suggestions as soon as possible to: Murray Baron, chair of the SRI Alumni Hall of Fame Committee, c/o SRI Alumni Assn, 333 Ravenswood, AC-108, Menlo Park.
SRI Alumni Association Newsletter • April 2006 9 CREDIT UNION NEWS Climb the Rate Ladder at SRI Federal Credit Union Afraid of heights? Not when it comes to higher yields! “Laddering” gives you the best of both worlds – higher long-term earnings and short-term liquidity. Assume you have $50,000 and you want to build a five-year ladder. To start, deposit $10,000 each in certificates of deposit with maturities of one, two, three, four and five years. When the one-year certificate matures, roll the principal and interest into a five-year certificate. Continue this cycle each year. Youʼll continue to earn our top rate on a significant portion of your funds. Plus, youʼll have access to 20% of your money annually. The average maturity on all your funds will be just 2.5 years. So stop agonizing over whether or not rates will rise or fall; youʼll never be off the pace with laddering. At SRI Federal Credit Union, youʼll earn competitive rates on certificates of deposit from three months to five years, on our low minimum deposit of just $1,000. Or, choose your own maturity up to a five-year maximum. Call, visit or click SRI Federal Credit Union today! Our most recent rates are always at www.srifcu.org 800-986-3669 RECENT RETIREES-- AND OTHER DEPARTURES OF LONG-TIME STAFF Years of Service August 2005 Kim C. Haustedt 14.6 Richard L Brownrigg 11.9 Samuel C. Bonar 46.9 November 2005 Howard T. Nixon 20.2 Samuel H, Spitzer, Jr. 25.6 December 2005 Donald L. Nielson* 46.4 John A. Pick 14.5 January 2006 Dan K. Marker 9.0 Kinney Thiele 29.8 Stephen W. Scott 12.3 Susan H. Gable 29.5 Richard D. Dean 9.6 Shari D. Fisher 15.8 February 2006 H. Roberts Coward 19.1 Tommy Jorgensen 9.6 Philip B. Bentley* 42.0 Melissa Verber 10.1 Christine A. Connolly 11.4 John G. Wehmeyer 16.3 March 2006 Gerd Kirkemann 29.0 *Rehired on a temporary basis
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Apr 2006 - SRI International

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